Energy
Energy industry news - solar, wind, hydroelectric, natural gas, petroleum.
Power outages main cause of oil, gas shut-ins
| February 26, 2021 | Energy | Conventional
Texas natural gas production fell by almost half during recent cold snap
| February 25, 2021 | Energy
During the cold snap that affected much of the central part of the country, U.S. dry natural gas production fell to as low as 69.7 billion cubic feet per day (Bcf/d) on February 17, a decline of 21%, or down nearly 18.9 Bcf/d from the week ending February 13. Natural gas production in Texas fell almost 45% from 21.3 Bcf/d during the week ending February 13 to a daily low of 11.8 Bcf/d on Wednesday, February 17, according to estimates from IHS Markit. Temperatures in Texas averaged nearly 30 degrees Fahrenheit lower than normal during the week of February 14.
Texas power producers blame gas, grid operator for outages
| February 25, 2021 | Energy
Oil tanker that was a symbol of US-Iran tension slips quietly away
| February 25, 2021 | Energy | Logistics
Gasoline crisis paralyzes one of every seven Texas stations
| February 24, 2021 | Energy
Biden-Trudeau climate plan may target polluting trade rivals
| February 24, 2021 | Energy
Oil hits one-year high with market eyeing tight global supplies
| February 24, 2021 | Energy
AS Kohimo places an order for PEMA Tank production line
| February 24, 2021 | Energy
Estonian-based AS Kohimo has placed an order for PEMA Tank production line, consisting of PEMA TW5000-25 Assembly & Welding station with integrated PEMA 4×4 MD Column & Boom. The company, specialized in manufacturing various steel structures, is looking to gain better quality, higher efficiency, and shortened delivery times by investing in new welding automation.
Ethanol and biomass-based diesel RIN prices approaching all-time highs
| February 24, 2021 | Energy
The prices of renewable identification number (RIN) credits—the compliance mechanisms used for the Renewable Fuel Standard (RFS) program administered by the U.S. Environmental Protection Agency (EPA)—have been steadily rising in recent months and are approaching their highest nominal levels in the history of the program.
Gasoline crisis paralyzes one out of every seven Texas stations
| February 24, 2021 | Energy
Ethanol output plunges most on record after US deep freeze
| February 24, 2021 | Energy
The Coalition for the Energy of the Future unveils its first seven concrete actions and welcomes three new members
| February 24, 2021 | Energy
Keystone XL’s death sparks rush to ship oil-sands crude by rail
| February 24, 2021 | Energy | Intermodal | Rail
U.S. President Joe Biden’s decision to cancel the Keystone XL pipeline is sparking renewed interest in shipping Canadian oil-sands crude by rail, and that comes with its own environmental risks.
US freeze chills Asian plastic makers as feedstocks soar
| February 24, 2021 | Energy | International Trade
EIA publishes a ratio of revenues-to-costs to explain power plant additions
| February 23, 2021 | Energy
A supplemental report to the U.S. Energy Information Administration’s (EIA) Annual Energy Outlook 2021 (AEO2021) describes how EIA uses a ratio of a power plant’s revenue to its cost (or value-cost ratio) as a simple metric to explain the economic competitiveness and, in turn, the types of power plants most likely to be built in EIA’s long-term model for the U.S. energy sector.
Clean VLCC leaves Rotterdam carrying gasoil
| February 23, 2021 | Energy | Ports & Terminals
Clean VLCC Silverstone has embarked on another clean cargo voyage, having left Rotterdam February 19 with 2 million barrels of gasoil and signaling for Lome, Togo. 740,000 bbls were loaded via ship-to-ship from Vopak Terminal Europoort on February 8, and another 1.26mn bbls via ship-to-ship in the Europoort Lightering zone on February 19.
Maritec advises on IMO2020 rules amid high sulphur warning
| February 22, 2021 | Energy | Maritime | Technology
Singapore-based independent test and research facility Maritec is advising shipowners on how best to meet IMO 2020 fuel testing requirements following reports of excessive sulphur in some very low sulphur fuel oils.
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InstaFreight to transport Shell lubricants with lower CO2e emissions
| February 22, 2021 | Energy
InstaFreight has been contracted to organize transportation of Shell lubricants from Germany to Shell warehouses across Europe. By optimizing routes via road and rail transport, InstaFreight enables Shell to cut CO2e emissions of the transports up to half, which equals a saving of more than 260 metric tons of CO2e per year.
Excelerate Technical Management signs the Neptune Declaration
| February 22, 2021 | Energy | Maritime
Nuclear, pumped storage, and coal power plants are more likely to have multiple owners
| February 22, 2021 | Energy
The U.S. Energy Information Administration (EIA) collects data on whether an electric generator is owned by one company or jointly owned by several companies, and for those jointly owned, each owner’s share of ownership. In 2019, about 14% of the 1,099 gigawatts (GW) of total operational U.S. electricity generating capacity was jointly owned.
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